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At the launch of the new XC90, Volvo Car Malaysia’s (VCM) current managing director, Keith Schafer (pictured here), announced that he will soon be relieving himself of the position at the company. He will soon be succeeded by Lennart Stegland, the current vice president of Volvo Cars China.

The incoming MD has previously held positions as the president of Volvo Cars Germany and as the vice president of Volvo Car Electric Propulsion Systems.

Speaking of Stegland, the current VCM MD said that, “with more than 37 years of experience, I am sure that Mr Stegland has the competence and energy to take Malaysia to the next level. I hope you will extend to him the same warmth and hospitality that I have enjoyed throughout my stay here in Malaysia.”

Schafer was appointed as the MD of VCM in 2013. A Swede himself, Schafer has maintained several positions with Volvo since 1986. During his time in Malaysia, he oversaw the launching of the Volvo V40 and the facelifted XC60 – two of the brand’s core models in this part of the globe today.

“I would like to announce that I have accepted an offer to take up a new position as Senior Director within Global Retail Operations, which will see my return to Sweden, after more than 11 years abroad. There, I will lead a global function that oversees global retail sales and marketing programmes,” said the outgoing MD.